Compass Point raised the firm’s price target on Tanger Factory to $34 from $32 and keeps a Buy rating on the shares. The firm says its higher target reflects Tanger’s strong fundamentals, solid year-to-date performance and its “best in class retail earnings growth in 2024.”
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Read More on SKT:
- Tanger Factory price target raised to $29 from $28 at Evercore ISI
- Tanger Factory price target raised to $30 from $28 at Scotiabank
- Tanger Factory Publishes Q2 2024 Operating Results
- Tanger Factory raises 2024 core FFO view to $2.05-$2.12 from $2.03-$2.11
- Tanger Factory reports Q2 core FFO 53c, consensus 52c